If a billion dollar company went bankrupt another billion dollar company will just buy them and absorb there assets.. the great machine marches on, amirite?

+102 If a billion dollar company went bankrupt another billion dollar company will just buy them and absorb there assets.. the great machine marches on, amirite?

by Anonymous 3 years ago

That's how capitalism works. Also presents the opportunity for someone with less assets to aquire more assets at a lower cost. When I started my shop, one of the best things that happened for my shop was a Midas going out of business. I bought everything I could afford. Made for a tough month but allowed me to have equipment at a quarter of the month and allowed me to hire two more guys.

by Anonymous 3 years ago

Just think of how many businesses did this during covid and you wonder .who , Is exactly this machine?

by Anonymous 3 years ago